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Open listing |
A contract under which the broker is
commissioned to find a buyer before the property is sold by the seller or
another competing broker |
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Option |
The agreement to keep an offer to purchase or
lease open for a specific period of time |
|
Option listing |
An agreement by which the broker advertising the
property has the right to purchase the listed property himself |
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Origination fee |
A fee paid to the lender for processing a loan
application |
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Owner financing |
A property transaction for which the seller
provides all or part of the financing to the buyer |
|
Owner's Title Insurance |
A policy insuring the full purchase price of a
piece of property for the buyer, usually including adjustments for inflation
each year up to a maximum of 150% of the original policy amount, the premium
for which is payable at the time of closing |
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Did We Miss the Word YOU Are Looking For? Is there a real estate word that we failed to explain here in our dictionary for homebuyers and sellers? Let us be your personal real estate dictionary! We'll send a brief explanation of any word or term that you encounter when buying and selling property. Do you have a suggestion of a real estate word that should be included? Let us know! We always appreciate feedback. Do any of these definitions raise questions for you? Didn't find the word you're looking for? Let us know! We're happy to answer ANY questions. It's our job! There's no obligation, and we promise to get back to you quickly...
| Q |
What famous American sign was originally erected as a real estate ad?
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| A |
The Hollywood sign, built in 1923, was conceived as a real estate ad that originally read, "Hollywoodland." |
 See More Real Estate Trivia > |
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Jennifer Venable
Portland Home Experts - John L Scott
1800 NW 167 Place
Suite #100
Beaverton, OR 97006
Jennifer Office: 503-645-7433 ext, 245
Jennifer's Cell: 503-889-6472
Client Relations Manager: 503-747-6408
Fax: 503-645-3049
Jennifer E-mail: jennifer@portlandhomeexperts.com
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Kelly Assistant E-mail: kelly@portlandhomeexperts.com
We can't wait to work with you! Whatever you need, we can help! Whether you're a first-time homebuyer or seasoned investor you will find your experience working with us a pleasure!
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New Construction? We have a wonderful builder who does amazing custom construction as you can see if you peruse through some of our listings.
Are you an Investor???? ....we have a unique niche in helping people who are credit challenged but mortgage capable to get into their first or sometimes subsequent home through a lease option program we specialize in.
Are you looking for a home with instant equity??? ...sometimes we can match you with one of our investors that purchase pre-foreclosure homes! They will sell to you at much better than market value. If you would like to know about these homes in advance please contact us.
We would love to work with you and help you attain your real estate dreams! Please send us an email or phone call, we look forward to meeting you!
Jennifer  
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